Lindt & Sprüngli, growth continues in HY2019
Strong organic Group sales +6.2% to CHF 1.76 billion
Lindt & Sprüngli in the 2019 first half achieved sales of CHF 1.76 billion, which corresponds to organic sales growth of +6.2%. This lays the foundation for the Lindt & Sprüngli Group to reach its organic growth target of 5–7% for the full year. In the first half of 2019 Lindt & Sprüngli further strengthened its market position by achieving good results in mainly saturated or stagnating chocolate markets and expanding its market shares in all the key strategic markets.
In the “Europe” segment, Lindt & Sprüngli generated sales of CHF 874 million in the first half of the year, equivalent to +5.0% organic growth. In Switzerland, Lindt & Sprüngli celebrated the opening of the Lindt Cocoa Center in Olten in June 2019 after only 12 months of construction work on its modernization and expansion. The investment of CHF 30 million in this plant is a clear commitment to Switzerland as a business location and, thanks to increased capacity in cocoa mass production, a major milestone for the further growth of the entire Lindt & Sprüngli Group.
The ‘‘North America’’ region, where Lindt & Sprüngli remains No. 1 in the premium chocolate segment and No. 3 in the overall chocolate market, sales growth and rising volumes dynamic organic growth of +7.2% in the first half-year, to which all 3 US companies contributed. Sales rose to CHF 623 million.
In Italy, in addition to controlling the historic brand Caffarel, the group is present with one of the 6 European production plants and continues to invest. Lindt Italia is in fact carrying out an important project to expand the Induno Olona (VA) production and distribution center, whose works are still in progress.
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